0 Swc Rte 120 & Alleghany Grayslake, IL 60030

This exceptional 30.53-acre property presents a unique investment opportunity in Grayslake, Illinois. Located at the southwest corner of Route 120 and Alleghany Road, this strategically positioned land boasts a newer traffic signal and high visibility, experiencing approximately 20,100 vehicles daily on Route 120 and 6,450 vehicles daily on Alleghany Road. Currently zoned R1, the site offers significant potential for diverse development, including but not limited to gas stations, medical facilities, office buildings, light industrial uses, corporate headquarters, multi-family residential, or senior housing. Its suitability extends to national restaurant chains. The seller is open to subdividing the site, allowing for flexibility in development plans. A hard corner could be carved off for separate development. The property is currently used for farming, bordered by Route 120, Alleghany Road, and a railroad. This prime location, coupled with its size and high traffic count, makes it an ideal investment for developers seeking a high-impact project in a thriving community. Please note that access to the property is at your own risk, and care should be taken to avoid damaging crops. The asking price for this remarkable property is $4,151,939.